price

House of Representatives pass the ₦70,000 minimum wage bill

Top 5 Stories Of The Day | Bill Seeking Six-year Single Term for Presidency Passes First Reading

Across Nigeria’s 36 states and the Federal Capital Territory, these are the five top Nigerian news stories you shouldn’t miss. Bill seeking six-year single term for presidency passes first reading The bill seeking to amend the 1999 constitution and switch the four-year double term for a president, governors, and local government areas chairmen into a... Read More

Asylum, economy, information, minimum wage, News, Nigerian News, organised labour, Politics, price, Tinubu, Top 5 stories of the day

December 25, 2017

No plan to increase fuel pump price – Osinbajo

Vice President, Yemi Osinbajo, on Monday said the Federal Government has no plan to increase pump price of fuel. Osinbajo said this when he visited fuel depots in Lagos, alongside Minister of State for Petroleum Resources, Ibe Kachikwu. Background: Ekiti governor, Ayodele Fayose had alleged that the Federal Government plans to increase fuel price through... Read More

fuel scarcity, price, pump, Yemi Osinbajo

December 23, 2017

Marketers want fuel price increased, behind scarcity – PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria on Friday said the fuel scarcity in the country is caused by hoarding and diversion by oil marketers who want the price increased. What happened: The Department of Petroleum Resources (DPR) had recently traced 129,000 litres of petrol diverted to Abuja by marketers. What PENGASSAN said: National President,... Read More

fuel scarcity, increase, PENGASSAN, price

September 6, 2017

Reduction of petrol by N2 ridiculous – PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria had described as ridiculous the reduction of the price of premium motor spirit by N2. Pengassan Chairman, Port Harcourt Zone, Azubuike M. Azubuike, said there was nothing to celebrate about the decrease. Hr said the government should pass the Petroleum Industry Bill to law, rather... Read More

N2, PENGASSAN, petrol, price, reduction

January 29, 2017

IPMAN threatens to stop distribution of fuel this week

Fuel marketers in the South-West under the umbrella of Independent Petroleum Marketers Association of Nigeria have threatened to stop dispensing oil over huge losses being incurred. IPMAN Chairman in the South-West, Mr. Debo Ahmed said many of the members have threatened not to lift oil once they exhaust their stock while others have already stopped.... Read More

deregulation, distribution, Fuel, IPMAN, price

October 11, 2016

The Big 5: These are the stories you should be monitoring today

These are the top five stories you should monitor today. Price of rice will begin to crash by November – FG The Federal Government on Monday said the price of rice will begin to crash starting from November this year. 2. Lagos school kidnap: Kidnappers give families 48-hour ultimatum Families of those kidnapped in a school... Read More

Featured, The News Blog

48-hour ultimatum, accounts, CBN governors, Crash, femi falana, FG, kidnappers, Lagos Kidnap, Policeman, price, rice, Shi'ites, super eagles

September 13, 2016

#30Days30Voices: The government of today has failed | Watch as man laments the cost of fuel

The economy is on a downward spiral, cost of living is soaring and people are losing their jobs daily. That is the fate of poor Nigerians – who still have to purchase fuel at an exorbitant price. On today’s episode of #30Days30Voices, a citizen complains bitterly on the cost of fuel and how the present... Read More

#30days30voices, citizen, economy, effect, Fuel, nigeria, price, subsidy

Festus Okubor: The A-Z of small and medium-sized businesses (Naira&Kobo)

by Festus Okubor Building a business from scratch is hard. No one tells you about the loneliness, the hours spent developing an idea and strategy, the effort it takes to get people to even notice or care about this product you’ve created, and the fear that drives you every day. Here are some quick lessons... Read More

Distribution method, Festus Okubor, naira&kobo, nigeria, people, place, price, Processes, product, promotion, SMEs, values

Get ready… domestic airlines to hike price of tickets

Following the increase in the price of aviation fuel, domestic airlines in Nigeria may hike the price of air tickets, the Punch reports. The price of jet fuel was increased from N115 per litre to N150, according to a circular issued to airline operators in Lagos last week. The airline operators made their position known... Read More

airlines, Forex, hike, jet fuel, nigeria, price

Opinion: The economics of this subsidy removal of a thing

In January 2012, hundreds, maybe even thousands of people thronged designated spots in the major cities of Nigeria to protest President Goodluck Jonathan’s abolition of fuel subsidies. At the time, it seemed like the right thing to do. With our status as Africa’s top producer of crude oil, it was – and remains – unfathomable... Read More

corruption, economy, Fuel, nigerians, oil marketers, price, subsidy

This is why fuel price is up – Vice President Osinbajo just confused everyone

You thought the sharp increase in fuel prices was due to ‘fuel subsidy removal’. Well, someone made a different case just this evening. Vice President Yemi Osinbajo has written a letter to Nigerians attempting to explain why the subsidy placed on petrol was removed by the Federal Government on Wednesday, May 12. The vice president,... Read More

Featured, The News Blog

Buhari, life, Oil, president, price, subsidy

Mazi Emeka: Why NNPC is selling fuel at N145

The internet threw a question at us and we decided to answer it. A few days ago, the Minister of state for Petroleum Resources, Ibe Kachikwu, announced that the federal government will remove subsidies on fuel and allow market dynamics to determine the price of the product. Expectedly, this will result in an increase in... Read More

Forex, Fuel, Kachikwu, market forces, N145, nnpc, price, subsidy

They have now started asking for Kachikwu to resign

A civil rights group, the Transition Monitoring Group (TMG), on Thursday, called for the resignation of the Minister of State for Petroleum Resources and the Chief Executive of the Nigerian National Petroleum Corporation (NNPC), Ibe Kachikwu. The group made this known in a statement issued in Abuja and signed by its Chairman, Ibrahim Zikirullahi. The... Read More

Featured, The News Blog

anti-corruption, fuel subsidy, Kachikwu, nigeria, nnpc, price, Resign

The Nigerian FG hikes Kerosene price to N83 per litre | YNaija.com

January 25, 2016

Kerosene price hiked from N50 to N83 per litre [DETAILS]

The price of Household Kerosene (HHK) has been increased from N50 per litre from N83 per litre, as the federal government prepares to officially end subsidy payment on the product. The Petroleum Products Pricing Regulatory Agency, released its product pricing template released over the weekend- where it was stated that N83 per litre price will... Read More

Featured, The News Blog

FG, Kerosene, nigeria, price, subsidy

Opinion: The problem with Nigeria’s fuel subsidy programme

by Ifeanyi Uddin At this point, I can think of a dozen reasons why the fuel subsidy should stay. Easily the first is why any Nigerian should trust this government with any fiscal savings that arise at his/her expense. We ought not to endure further increases in our tax burden without a palpable scaling up... Read More

Cabal, fuel hike, government, Ifeanyi Uddin, opinion, price, private, removing, subsidy, trust, ynaija

November 20, 2013

Private jet owners begin ‘strike’ over new aviation price regime

Private jet owners in the country yesterday commenced an indefinite strike over a directive from the Nigerian Airspace Management Agency (NAMA) announcing a new price regime for all private airlines operating in the country. In a circular dated November 18, 2013, and signed by the agency’s director of operations, Mr J.C. Onyegiri, on behalf of... Read More

September 14, 2012

“We are now paying the price for the ouster of Ghaddafi” – Obasanjo

by Stanley Azuakola In an interview with the British Broadcasting Corporation aired on Thursday, former President Obasanjo shared his perspectives on various issues ranging from Boko Haram to the Libyan crisis. He was of the opinion that the ouster of the ex-Libyan dictator, Muammar Ghaddafi let loose trained militants and weapons that found their ways... Read More

boko haram, libya, Muammar Ghaddafi, olusegun obasanjo, price

15 49.0138 8.38624 arrow 0 arrow 0 4000 1 0 horizontal https://ynaija.com 300 0 1